what is Intangible Asset ? what is  Wasting Assets ?  what is  Asset Cost ? what is  Residual Value?     and what are : e) Depreciation Base  f) Book Value   g) Historical Cost ? and also what is Basket Purchase of Non- Current Operating Assets.?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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what is Intangible Asset ?

what is  Wasting Assets ?

 what is  Asset Cost ?

what is  Residual Value?

    and what are :

e) Depreciation Base  f) Book Value   g) Historical Cost ?

and also what is Basket Purchase of Non- Current Operating Assets.?

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